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Home | Proxy Adviser Backs Apple In Stock Buyback Fight With Icahn

Proxy Adviser Backs Apple In Stock Buyback Fight With Icahn

  • February 09, 2014
  • A prominent proxy advisory service has sided with Apple, recommending to its clients that they vote against a proposal by activist investor Carl Icahn that calls on the company to initiate a $50 billion stock buyback. Institutional Shareholder Services said the share repurchase proposal was unnecessary after recent stock buybacks and dividend payouts. “Proxy Adviser […]This article (Proxy Adviser Backs Apple In Stock Buyback Fight With Icahn) was originally developed by and is property of American Banking News. Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.

  • Read more at:http://www.americanbankingnews.com/2014/02/09/proxy-adviser-backs-apple-in-stock-buyback-fight-with-icahn/
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